The analysis of Chainlink (LINKUSD) on the 1-hour timeframe details a corrective A-B-C pattern from November to January. Wave A was a three-wave advance into a resistance zone spanning $14.03 to $17.30. A subsequent Wave B pullback occurred, followed by a five-wave impulse rally in Wave C. This C-wave initiated with a local 1-2 setup in December, followed by a third wave up and a deep fourth wave correction that successfully held above the $13.00 level. The market is currently in its fifth wave, targeting the $15.08 level, which represents the 100% Fibonacci extension of Wave A and is considered the ideal completion point for Wave 5 of C of Circle Wave 4. The bullish outlook for higher prices is contingent on the market maintaining support above the last swing low, approximately $12.91, established around January 12th. A decisive break below this $12.91 support would invalidate the current bullish projection, indicating a potential market top and a shift towards lower price action or a broader sideways consolidation.